Restocking Fee Calculator

Calculate Restocking Fee



Formula

The formula to calculate the Restocking Fee is:

\[ RF = \frac{PP \times RP}{100} \]

Where:

What is Restocking Fee?

A restocking fee is a charge applied when an item is returned. It is calculated by multiplying the item purchase price by the restocking percentage and dividing by 100.

Example Calculation

Let's assume the following values:

Using the formula to calculate the restocking fee:

\[ RF = \frac{200 \times 15}{100} = 30 \text{ $} \]

The restocking fee is $30.